A potential easing of trade tensions between the United States and Canada could reshape the North American aluminum market, with European buyers facing the risk of stronger competition for Canadian metal. Import data from ITC Trade Map shows that US purchases of Canadian unwrought aluminum fell sharply in 2025, while imports from Canada increased across six European markets, highlighting how trade flows have evolved amid tariff uncertainty. The United States imported approximately 2.03 million metric tons of unwrought aluminum from Canada in 2025, down 25.9% from 2.74 million metric tons in 2024. The decline amounted to around 711,494 metric tons over the year. Import value also decreased, falling 22.2% from $7.82 billion to $6.09 billion. The figures come as the possibility of a...
Century Aluminum’s proposed USD 4 billion primary aluminum smelter in Inola, Oklahoma, is “moving forward on all fronts” as the company prepares for construction, despite local opposition and legal challenges, CEO Jesse Gary said during the company’s third-quarter earnings call. Developed jointly by Century Aluminum and Emirates Global Aluminium (EGA), the project is designed to produce 750,000 tonnes of primary aluminum annually, potentially doubling U.S. primary aluminum production. The facility is expected to create thousands of direct and indirect jobs and add USD 1.5 billion to Oklahoma’s gross domestic product, according to company estimates. The partners had targeted construction to begin by the end of 2026. However, local restrictions and permitting challenges have affected the...
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According to the latest update on Altech Chemicals’ construction activities at its high purity alumina (HPA) site in Johor, the onsite electrical substation is progressing and is now ahead of schedule, while all the major constructional works are complete, including the external detailing of the building. The EPC consortium and its subcontractors have recently started internal finishing and architectural detailing, in addition to the completion of sewerage and drainage works and the finalisation of vehicle access requirements. The electrical substation is expected to be completed in April 2020, approximately four weeks ahead of schedule. Altech will get the handover of the building after the latter is being inspected. For the inspection, the substation will be turned over the local...
Coronavirus epidemic has broadly affected Italy within the European nations. As on 10 th March’20, more than 10,000 cases and more than 600 death deaths have been registered. The country has initiated emergency measures which includes travel restrictions and the banning of public gatherings, in a bid to stem the growth of infections in the country. Italy stands as one of the largest aluminium markets in Europe. As of 2018, it consumed around 950,500 tonnes. Italy is considered as the home of the two major European hubs for aluminium distribution: the port of Genoa on the northwest coast; and Italy's easternmost port in the north, Trieste. The aluminium industry in Italy continues to operate, despite the restrictive measures. The Italian government had elucidated to the companies that...
A00 aluminium ingot price decreased by RMB 60 per tonne or 0.47 per cent on Thursday, 12 March 2020. The price now stood at RMB 12750 per tonne and is expected to move within a range of RMB 12730-12770 per tonne. Spot aluminium contract is likely to be traded at a discount of RMB 40 per tonne. In Foshan and Wuxi, the price fell by RMB 80 per tonne and RMB 100 per tonne to RMB 12730 per tonne and RMB 12720 per tonne. Their average prices are expected to range within RMB 12710-12750 per tonne and RMB 12710-12730 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 12730 per tonne and RMB 12760 per tonne, down RMB 90 per tonne and RMB 70 per tonne. Their average prices are expected to range within RMB 12720-12740 per tonne and RMB 12740-12780 per tonne. Aluminium ingot prices...
The US dollar declined before recovered some losses on Wednesday, as fears over the coronavirus pushed investors into safe havens, while sterling rebounded after the Bank of England unexpectedly cut interest rates. The Standard & Poor's 500 Index plunged again on Wednesday, narrowly avoiding its first bear market since the financial crisis after the World Health Organization declared a global pandemic as the coronavirus rapidly spreads across the world. Three-month LME aluminium relinquished gains from the previous session as it closed 1.76 per cent lower on the day at US$ 1,672 per tonne. The stock market panic is likely to keep base metals under pressure, with LME aluminium trading between US$ 1,640 per tonne and US$ 1,700 per tonne. As of Wednesday, March 11, LME aluminium cash (bid)...
On Tuesday, March 10, Alley Kat Brewing Company announced that it decided to switch to aluminium cans after packaging exclusively in bottles since 1995. According to the report, the company will switch to cans this spring, based on the market demand. Neil Herbst said, “We’ve been watching the market closely for years and the trend from bottles to cans shows no sign of slowing down.” Herbst said the brewery had been looking into cans since 2018. The company cited data from Statistics Canada that indicates the declining trend of the sale of packaged domestic bottled beer in Alberta over the past few years. Data shows 24.5 per cent of beer was sold in bottles, while 75.5 per cent in cans. In 2018, the former figure came down to 15 per cent and further down to 12.6 per cent in 2019. “Cans are...
Lotus, the British carmaker has braced its iconic, entry-level Elise model for 2020. The lightweight sports model is now available in two models, the Sport 220 and Hardcore Cup 250. The 2020 Elise is chassis is manufactured by extruded aluminium, reducing the weight scales at less than one tonne. The empty weight of the Sport 220 comes in at 924 kg, while the cup 250 is just marginally heavier with 931 kg weight. The price remains the same for the 2020 models. The Sport 220 model is kept $87,990 and Cup 250 is $107,990. The two variants make use of the same mid-mounted, 1.8-litre supercharged four-cylinder engine with dual variable valve timing. The output is rated at 162kW at 6800rpm and 250Nm at 4600rpm for the Sport 220. The additional tuning of the engine, the Cup 250’s output can...
The world-leading aluminium rolling and recycling firm, Novelis Incorporation, has announced today, on March 11, that it has hired Roxana Molina, who would be leading the company’s global metal and non-metal procurement programs as Senior Vice President and Chief Procurement Officer. She will replace former Chief Procurement Office Nick Madden and report to President and CEO Steve Fisher. Molina will join Novelis with more than 30 years of global procurement experience in diverse roles. She worked at Ford Motor Company for 25 years in several purchasing leadership positions in Europe, North America, and South America. Steve Fisher said, "Roxana's impressive global experience managing thousands of suppliers while delivering record cost savings in challenging business environments will make...
The Netherlands is the ninth largest export economy of the world, exporting $435 billion of goods each year as recorded in 2019. The country shows a positive trade balance of $42.8 billion after deducting annual imports of $393 billion. The Netherlands has a 4.6% share of the annual $37.2 billion raw aluminium market and it is the sixth-largest exporter in the world. Germany is the largest export destination for the Netherlands' raw aluminium exports and they take 55% of the Dutch annual export total of $1.71 billion. The Netherlands is home to one of the primary aluminium smelting operations in the world, which is based in Delfzijl. The Netherlands aluminium structures export during 2017-19 stood at 121,755 tonnes and the foreign exchange earned during the same period was accounted to...
According to a recent report, Outotec has bagged a contract to deliver technology and services to National Aluminium Company Limited (NALCO) for its alumina refinery expansion in Damanjodi, Odisha. The order is worth EUR 15 million and is booked in Outotec’s 2020 first quarter order intake. As per the contract, Outotec will deliver the engineering of two alumina calciners and hydrate filtration plants and supply key equipment as well as advisory services for installation and commissioning. <iframe width="500" height="300" src="https://www.youtube.com/embed/DoMxSuUnZlE" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> With this expansion, Nalco's alumina refinery will expectedly achieve higher production by about 1...
After remaining restrained last day, followed by a significant decline of RMB 240 per tonne, the A00 aluminium ingot price has recorded a plunge yet again of RMB 20 per tonne, as on March 11, according to Shanghai Metals Market. The ingot price, thus, stands at RMB 12,810 per tonne, as of today. The average prices are expected to range between RMB 12,790 per tonne and RMB 12,830, with spot contract to be traded at a discount price of RMB 50 per tonne to RMB 10 per tonne. Among all the major Chinese cities, Tianjin has witnessed a drop of RMB 20 per tonne to RMB 12,820 per tonne, while Chongqing, Shenyang, and Gongyi have seen a dip of RMB 10 per tonne to RMB 12,830 per tonne, RMB 12,865 per tonne, and RMB 12,730 per tonne, respectively. Other cities like Wuxi and Linyi, on the other hand,...
Yofi Grant, the CEO of the Ghana Investment Promotion Centre (GIPC) said: “the government’s flagship programme One District One Factory (1D1F) presents unlimited opportunities for both internal and external investors to thrive.” Yofi Grant’s communicated that the 1D1F drive incorporated with other business programmes being accomplished, which prosperous investment opportunities to be extensive in Ghana. The CEO was very much clear to his words, as he said: “I seriously believe that the Ghana opportunity is almost limitless at this moment. I mean we have bauxite and so we do have quite a significant amount of other mineral resources which we haven’t exploited yet, and so for me, that is not even the limit to it because we have the 1D1F which is a fantastic opportunity for investors both...
Azelio, the Swedish renewable energy firm has completed its renewable energy storage solution, with 24-hour clean power production, at the Noor Ouarzazate solar complex in Morocco. Azelio has designed a solution to adequately store renewable energy from solar and wind power and make it obtainable all hours of the day as electricity and heat. The storage medium system used recycled aluminium and restraining no rare minerals and suffers no reduced capacity over time. The system is expandable from 100 KW to 100 MW; therefore it fills a gap in the market that addresses global access to affordable and sustainable energy. The installation is a partial result of a joint technical and business development agreement between Azelio and Masen. The renewable energy storage solution was rolled-out...
Ardagh Group announced that its 187ml can has been selected for Boutinot’s trio of The Long Little Dog wines. The company has designed the new cans to protect and promote wine and wine-based drinks. The quarter of a standard bottle expands the market for Boutinot’s wines to a growing number of consumers looking to enjoy a drink on-the-go, Ardagh said. “The appealing branding reflects the easy-drinking nature of the wines and will particularly attract those younger and outgoing consumers for whom portability and ease of recycling are important. This demographic appreciates the chance to try new wine varieties without committing to a full bottle, and the 187ml can is the ideal material and size for casual dining and socialising, particularly with friends at picnics and outdoor events,”...
China’s environmental authorities on Saturday, March 7, announced the fourth batch of aluminium scrap import quotas for 2020, which would allow 100 more tonnes of high-grade aluminium scrap to China. With this quota, the total aluminium scrap import allowed for this year comes to 284,549 tonnes. The volume of import quotas so far stood 87.5 per cent higher than the actual imports in the fourth quarter of 2019, but 14.2 per cent lower than the actual imports in the first quarter of 2019. After the decline in aluminium scrap import quotas in the fourth quarter of 2019, shortage of supply took place and kept aluminium scrap prices at high levels till the 2020 Chinese New Year holiday. The holidays in the secondary aluminium sector extended due to the Coronavirus outbreak, with production...
China Customs data showed a drop in China’s exports of unwrought aluminium and aluminium products in the first two months of the year, primarily attributing to the production shut amid the outbreak of the COVID-19. The exports by China in January and February totalled at 669,000 tonnes after plunging by 25.2 per cent from the same period last year, showed the data. Due to the Coronavirus outbreak, aluminium processors in China mostly delayed their resumption of production by up to 20 days in February, while some small plants remained closed until early March. That caused the slowdown in China’s exports of unwrought aluminium and aluminium products in February. China’s exports also fell in late January this year, as aluminium processors suspended deliveries about two weeks ahead of the...
The Bauxite import of the South American country Argentina has slowed down during 2017-2019. The projection for 2020 also shows a dip of 8.73%. The total bauxite import of Argentina from 2017-19 stood at 408,789 tonnes and when projected for the year 2020, the Y-o-Y shows a dip. The total import from 2017-20 shows 523,676 tonnes and the total foreign revenue expended from 2017-19 accounted to $ 163.77 million and when the year 2020 is added it reaches $230.83 million. In 2017 the bauxite import showed some positive trend with total volume stood at 153,424 tonnes and the foreign revenue expended has been $47.58 tonnes. The bauxite import of Argentina in 2018 showed downfall by 23,947 tonnes, de-growth by 15.60% and the total volume stood at 129,477 tonnes, whereas the amount paid showed a...
Hindalco Industries Ltd has reduced the prices of aluminium ingots by 1.89% on Saturday, 7 March, after raising the price of the same product by 1.93% on Thursday. With effect from March 7, the price for Hindalco aluminium ingots now stands at INR 142,500 per tonne, down from INR 145,250 per tonne on March 5. The prices of wire rods and billets have dropped by 1.76% and 1.81% from March 5 to stand at INR 153,100 per tonne and INR 149,100 per tonne on Saturday, 7 March. The prices of these products were INR 155,850 per tonne and INR 151,850 per tonne on March 5. <iframe width="500" height="350" src="https://www.youtube.com/embed/aFwqfqYpc0Y" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The Indian aluminium...
According to the China Passenger Car Association (CPCA) data, the passenger car sales fell last month due to the outbreak of the epidemic Coronavirus. The retail sales of sedans, multi-purpose vehicles (MPVS), and sport utility vehicles (SUVs) totalled at 252,308 units in February, down 85.3 per cent from January and 78.5 per cent from the same period last year. This sharp decline in February could also be attributed to the Lunar New Year holiday, noted the auto industry association. The total sales in the first two months of 2020 stood at 1.97 million units, down 41 per cent from the corresponding period of the year last. Production of new energy vehicles also shrank last month amidst the outbreak of the virus. Only 12,000 NEVs produced in China obtained qualification certificates in...
